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auctions / 10Y / 2007-06-07

Official Result (MOF)

Auction Date2007-06-07
Issue Date2007-06-12
IssueInflation-Indexed JGB (10-Year) No. 12(new)
Coupon (%)1.2%
Maturity2017-06-10
Methodprice conventional
Offering¥500B
Competitive Bids¥2.4T
Accepted Amount¥499.4B
Lowest Accepted Price99.25(1.280%)
Weighted Avg Price—
Allotment Ratio—
Non-competitive I—
Non-competitive II¥8.6B

Source: https://www.mof.go.jp/jgbs/reference/appendix/jgb_historical_data.xls

Offering Terms (from MOF notice) documents →

Official name利付国庫債券(物価連動・10年)(第12回)
Legal basis平成19年度における財政運営のための公債の発行の特例等に関する法律(平成19年法律第25号)第2条第1項 及び特別会計に関する法律(平成19年法律第23号)第46条第1項
Coupon dates毎年6月10日及び12月10日
Planned amount—
Bid deadline—
Payment date—
Non-competitive IIheld
Price terms—

Derived Metrics

ThisPrevavg (12)minmaxz
Bid/Cover4.853.494.042.517.52+0.64
Tail (sen)——————
Non-competitive take-up1.7%0.9%
GradeB (score +0.64)(z(B/C) − z(tail))/2 bucketed A(≥1)/B(≥0.3)/C/D(≤−0.3)/E(≤−1), vs last 12 same-tenor

Same-tenor Auction History

4.006.002004-062005-122006-102007-06
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2007-06-07Inflation-Indexed JGB (10-Year) No. 124.85—1.280
2007-04-05Inflation-Indexed JGB (10-Year) No. 113.49—1.270
2007-02-06Inflation-Indexed JGB (10-Year) No. 103.21—1.280
2006-12-07Inflation-Indexed JGB (10-Year) No. 104.84—1.165
2006-10-05Inflation-Indexed JGB (10-Year) No. 95.34—1.120
2006-08-03Inflation-Indexed JGB (10-Year) No. 84.02—0.985
2006-06-06Inflation-Indexed JGB (10-Year) No. 83.59—1.050
2006-03-07Inflation-Indexed JGB (10-Year) No. 73.69—0.800
2005-12-06Inflation-Indexed JGB (10-Year) No. 63.24—0.895
2005-09-06Inflation-Indexed JGB (10-Year) No. 53.41—0.860
2005-06-07Inflation-Indexed JGB (10-Year) No. 42.51—0.580
2004-12-07Inflation-Indexed JGB (10-Year) No. 33.58—0.580
2004-06-03Inflation-Indexed JGB (10-Year) No. 27.52—1.100